MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Salem County, New Jersey.
The report shows that the Median Sale Price in Salem County reached $278,000 as of July 2024, marking an increase of 2.0% over the previous month and a 13.9% rise compared to a year ago.
A total of 57 homes were sold in the region, indicating a decrease of 18.6% from last month and a drop of 12.3% when compared with a year ago.
Homes remained on the market for a median of 34 days, which is down 5 days from the month before and up 13 days from the previous year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Salem County’s housing market momentum.
For more information about the Salem County, New Jersey market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know